iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) Trading 0.1% Higher – Should You Buy?

iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) rose 0.1% on Tuesday . The stock traded as high as $25.63 and last traded at $25.62. Approximately 15,646 shares changed hands during trading, an increase of 266% from the average daily volume of 4,278 shares. The stock had previously closed at $25.59.

iShares iBonds Oct 2028 Term TIPS ETF Stock Up 0.1 %

The firm has a 50 day moving average price of $25.76 and a 200-day moving average price of $25.61.

Hedge Funds Weigh In On iShares iBonds Oct 2028 Term TIPS ETF

A hedge fund recently raised its stake in iShares iBonds Oct 2028 Term TIPS ETF stock. Quantum Financial Advisors LLC lifted its stake in iShares iBonds Oct 2028 Term TIPS ETF (NYSEARCA:IBIE) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 153,229 shares of the company’s stock after purchasing an additional 6,749 shares during the period. iShares iBonds Oct 2028 Term TIPS ETF comprises about 0.6% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 27th largest position. Quantum Financial Advisors LLC owned 25.54% of iShares iBonds Oct 2028 Term TIPS ETF worth $3,938,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares iBonds Oct 2028 Term TIPS ETF

The iShares iBonds Oct 2028 Term TIPS ETF (IBIE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury inflation-protected securities maturing between January and October 2028. The fund will terminate in October 2028.